Severn Trent’s (SVT) Hold Rating Reaffirmed at Jefferies Financial Group

Severn Trent (LON:SVT)‘s stock had its “hold” rating reaffirmed by research analysts at Jefferies Financial Group in a research note issued on Wednesday, Marketbeat.com reports. They presently have a GBX 2,610 price target on the stock. Jefferies Financial Group’s target price would suggest a potential upside of 0.81% from the stock’s previous close.

Separately, Barclays increased their price objective on Severn Trent from GBX 2,960 to GBX 3,385 and gave the company an “equal weight” rating in a research note on Wednesday, August 20th. One research analyst has rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of GBX 2,865.

Severn Trent Stock Down 0.4%

Severn Trent stock opened at GBX 2,589 on Wednesday. The company has a debt-to-equity ratio of 450.94, a quick ratio of 0.73 and a current ratio of 2.14. The firm has a market capitalization of £7.79 billion, a price-to-earnings ratio of 3,388.74, a price-to-earnings-growth ratio of 4.69 and a beta of 0.38. Severn Trent has a fifty-two week low of GBX 2,323 and a fifty-two week high of GBX 2,807. The stock’s fifty day moving average is GBX 2,586.54 and its two-hundred day moving average is GBX 2,634.24.

Insider Activity

In related news, insider Helen Miles sold 8,067 shares of the stock in a transaction dated Friday, July 25th. The stock was sold at an average price of GBX 2,673, for a total transaction of £215,630.91. Also, insider Olivia (Liv) Garfield sold 28,287 shares of the stock in a transaction dated Friday, July 25th. The stock was sold at an average price of GBX 2,673, for a total value of £756,111.51. Corporate insiders own 0.32% of the company’s stock.

About Severn Trent

As one of Britain’s largest water companies, we supply fresh, clean drinking water to over nine million people across our region – around two billion litres every day. Once used, we collect, clean, and treat the water before safely returning it to the environment. We are one of only three listed water stocks in the UK, offering a valuable combination of reliable earnings, long-term asset growth, and inflation-linked dividends.